Egypt Asks IMF to Delay Loan Deal

CAIRO—Egypt's government postponed its request for a $4.8 billion loan from the International Monetary Fund, a rare reversal as the country's widening unrest saps President Mohammed Morsi's ability to meet strict economic targets the loan would require.

The government sought the delay in the loan deal, which it struck just last month, "in light of the unfolding developments on the ground," the IMF said Tuesday.